Dubizzle Property Comment Following the Dubai Government’s Announcement Around Rest

Press release

Published May 31st, 2018 - 09:19 GMT

Samer Abdin, General Manager of dubizzle Property

“The recent announcement of REST by the Dubai Land Department will have far-reaching impacts on the property market in the UAE and is a testament to the Dubai government’s commitment to driving the digital economy and boosting the UAE’s regional and global competitive edge. We see the introduction of paperless technology as a facilitator rather than a disruptor in the real estate industry.

REST will make transactions faster and more efficient, especially for overseas buyers, we believe real estate agents will continue to have a critical role to play by shifting their focus towards delivering a high-quality experience, using this new technology to create seamless transactions for both vendors and buyers.” - Samer Abdin, General Manager of dubizzle Property

Background Information

Dubizzle.com

dubizzle.com is the leading classifieds website for users in the UAE. Since its launch in 2005 by J.C. Butler and Sim Whatley, dubizzle.com has become the number one platform for users to buy, sell, or find anything in their community. A community where underused goods are redistributed to fill a new need, and become wanted again, where non- product assets such as space, skills and money are exchanged and traded in new ways that don’t always require centralized institutions or ‘middlemen’.